FirmaIQ
Org.nr 945 883 472 2017 → 2018 Year-over-year analysis

ABC STUDIO AS: årsregnskap 2018 vs 2017

Grew 29% on revenue, stronger earnings

approved 2019-06-30; registry 2019-08-06; journal 2019 880324

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC STUDIO AS. Revenue 1.24m NOK → 1.59m NOK (+28.5%). Net result +46.5k NOK → +145.9k NOK. Equity 544.5k NOK → 398.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC STUDIO AS.

At a glance

Scorecard

Revenue
1.24m NOK 1.59m NOK
+28.5%
Operating result
+38.9k NOK +144.6k NOK
+271.8%
Net result
+46.5k NOK +145.9k NOK
+213.9%
Equity
544.5k NOK 398.6k NOK
-26.8%
Cash
34.2k NOK 131.7k NOK
+285.3%
Total assets
685.1k NOK 563.0k NOK
-17.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.24m NOK to 1.59m NOK (+28.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +38.9k NOK → +144.6k NOK (op. margin 3.1% → 9.1%). Calculated

  • ↑

    Net result improved

    Net result +46.5k NOK → +145.9k NOK (net margin 3.8% → 9.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 34.2k NOK → 131.7k NOK (+285.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 544.5k NOK → 398.6k NOK (equity ratio 79.5% → 70.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 792.8k NOK → 149.7k NOK (-81.1% YoY). Calculated